{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-21-131049","form_type":"8-K","ticker":"QVCDQ","cik":"0001254699","company_name":"QVC INC","filed_at":"2021-10-28T23:59:59+00:00","discovered_at":"2026-05-14T18:04:11.852125+00:00","generated_at":"2026-06-28T16:37:10.726979+00:00","sec_items":["2.03","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"QVC refinances bank credit facility with $3.25B revolving line, lowers pricing, matures 2026","bullets":["New $3.25B multi-currency revolving facility replaces existing $2.95B facility; $3.03B available after $220M drawn.","Interest rate margins reduced vs prior facility; ABR loans +0.25%-0.625%, LIBOR-based loans +1.25%-1.625%, based on leverage.","Maturity extended to October 27, 2026; secured by equity of QVC, Zulily, and Cornerstone.","Borrowers include QVC, Zulily, Cornerstone, and QVC Global; joint and several liability.","Proceeds to repay outstanding debt, finance working capital, and general corporate purposes."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-21-131049","json":"https://secwatch.observer/filing/0001104659-21-131049.json","markdown":"https://secwatch.observer/filing/0001104659-21-131049.md","text":"https://secwatch.observer/filing/0001104659-21-131049.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1254699/000110465921131049/0001104659-21-131049-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1254699/000110465921131049/tm2131224d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-28T16:37:10.726979+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}